Heritage Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	291.47	262.9	247.47	217.28	174.28	189.83
Interest Income on Investments	55.25	51.34	62.24	67.18	53.18	23
Total Interest Income	346.72	314.24	309.71	284.47	227.46	212.83
Interest Paid on Deposits	81.84	79.34	75.07	39.35	6.77	6.16
Interest Paid on Borrowings	5.12	10.5	25.28	19.96	1.3	0.88
Total Interest Expense	86.95	89.83	100.35	59.31	8.07	7.04
Net Interest Income	259.77	224.41	209.36	225.16	219.39	205.79
Net Interest Income Growth	20.60%	7.18%	-7.01%	2.63%	6.61%	2.38%
Gain (Loss) on Sale of Assets	-	0.01	1.55	0	0.47	4.41
Gain (Loss) on Sale of Investments	-0.22	-10.74	-22.74	-10.63	-0.26	0.03
Other Non-Interest Income	34.54	32.47	28.64	28.95	28.75	26.54
Total Non-Interest Income	34.32	21.73	7.47	18.66	29.59	34.62
Non-Interest Income Growth	225.42%	190.81%	-59.96%	-36.93%	-14.51%	-7.02%
Revenues Before Loan Losses	294.09	246.14	216.84	243.82	248.98	240.4
Provision for Loan Losses	-0.99	1.97	6.28	4.28	-1.43	-29.37
Revenue	295.08	244.17	210.56	239.54	250.4	269.78
Revenue Growth	33.33%	15.96%	-12.10%	-4.34%	-7.18%	33.47%
Salaries and Employee Benefits	117.22	99.08	94.18	95.76	88.3	85.1
Occupancy Expenses	13.9	12.32	12.91	19.16	17.47	17.24
Federal Deposit Insurance	3.5	3.21	3.26	3.31	2.02	2.11
Amortization of Goodwill & Intangibles	5.58	1.17	1.64	2.43	2.75	3.11
Selling, General & Administrative	42.17	32.01	29.13	27.6	23.84	26.19
Other Non-Interest Expense	21.55	17.77	17.18	18.37	16.6	15.52
Total Non-Interest Expense	203.97	165.57	158.3	166.62	150.97	149.27
EBT Excluding Unusual Items	91.11	78.6	52.26	72.92	99.44	120.51
Pretax Income	91.11	78.6	52.26	72.92	99.44	120.51
Income Tax Expense	13.21	11.07	9	11.16	17.56	22.47
Net Income	77.9	67.53	43.26	61.76	81.88	98.04
Net Income to Common	77.9	67.53	43.26	61.76	81.88	98.04
Net Income Growth	57.45%	56.11%	-29.95%	-24.57%	-16.48%	110.54%
Basic Shares Outstanding	37	34	34	35	35	36
Diluted Shares Outstanding	37	34	35	35	35	36
Shares Change	8.07%	-1.27%	-1.02%	-0.58%	-1.42%	-0.54%
EPS (Basic)	2.11	1.99	1.26	1.76	2.33	2.75
EPS (Diluted)	2.08	1.96	1.24	1.75	2.31	2.73
EPS Growth	45.18%	58.06%	-29.14%	-24.24%	-15.38%	111.63%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.960	0.960	0.920	0.880	0.840	0.810
Dividend Growth	2.13%	4.35%	4.54%	4.76%	3.70%	1.25%
Effective Tax Rate	14.50%	14.09%	17.22%	15.30%	17.66%	18.65%

SEC Filings: 10-K · 10-Q